According to a report published by Bloomberg with support from Carbon Growth Partners, the price of carbon credits is expected to increase dramatically as loftier climate goals are set and met. The report "Investing in Carbon Markets: Unleashed to Launch" highlights the importance of carbon credits in achieving net zero emissions. It also highlights the need to invest in a market with growing demand and close the emissions gap.

Closing the emissions gap

In 2023, the carbon market faced significant challenges. However, the increase in corporate demand, together with stricter rules for the creation of carbon credits, will shift the market from oversupply to shortage. In effect, this will raise carbon prices, especially for natural credits, to more than $55 per tonne of carbon dioxide in voluntary carbon markets. (Carboncredits.com, Jennifer L)